{"id":3611,"date":"2005-11-17T00:00:00","date_gmt":"2005-11-17T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-outraged-at-50-stg-fsa-breakfast","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2005\/hedge-funds-outraged-at-50-stg-fsa-breakfast.html","title":{"rendered":"Hedge funds outraged at 50 stg FSA breakfast"},"content":{"rendered":"<p>(Reuters) &#8211; The trillion dollar hedge fund industry was aghast on Monday at having to fork out 50 pounds ($87.06) a head for a buffet breakfast briefing on how to do their job correctly withBritain&#8217;s Financial Services Authority.<\/p>\n<p>  &#8220;It&#8217;s outrageous,&#8221; said one hedge fund manager who declined to be named.<\/p>\n<p>  &#8220;We are paying the FSA 50,000 pounds a year to be able to trade and they are now asking for 50 pounds more so we can hear how they are going to regulate us,&#8221; he said.<\/p>\n<p>  The audience with Andrew Shrimpton, the head of the FSA&#8217;s new hedge fund supervisory unit, is in early December and the regulator said it will give hedge fund managers a chance to talk over  industry issues.<\/p>\n<p>  But the multi-millionaire traders shouldn&#8217;t come hungry.<\/p>\n<p><a href=\"http:\/\/c.moreover.com\/click\/here.pl?b422861890&amp;r=MSNnews\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; The trillion dollar hedge fund industry was aghast on Monday at having to fork out 50 pounds ($87.06) a head for a buffet breakfast briefing on how to do their job correctly withBritain&#8217;s Financial Services Authority. &#8220;It&#8217;s outrageous,&#8221; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3611","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3611"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3611\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}